Trident Royalties - Posting of Annual Report and Notice of AGM

Trident Royalties

06/06/2023 16:50

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RNS Number : 8536B  Trident Royalties PLC  06 June 2023

6 June 2023

 

Trident Royalties Plc

("Trident" or the "Company")

 

Availability of Annual Report and Accounts 2022

 and

Notice of 2023 Annual General Meeting

 

Trident Royalties Plc (AIM: TRR, OTCQX: TDTRF), the diversified mining royalty
company, announces that its Annual Report and Accounts for the year ended 31
December 2022 and Notice of its 2023 Annual General Meeting are available for
download from the Company's website at www.tridentroyalties.com
(http://www.tridentroyalties.com/) .

 

These two documents, together with a Form of Proxy, have been mailed to those
shareholders who have elected to receive paper copies today.

 

2023 Annual General Meeting ("AGM")

 

The Company's AGM is to be held at held at the offices of Grant Thornton UK
LLP, 30 Finsbury Square, London, EC2A 1AG at 11.00 a.m. on 29 June 2023.

 

** Ends **

 

Contact details:

 

 Trident Royalties Plc                                 www.tridentroyalties.com

 Adam Davidson / Richard Hughes                        +1 (757) 208-5171 / +44 7967 589997
 Grant Thornton (Nominated Adviser)                    www.grantthornton.co.uk

 Colin Aaronson / Samantha Harrison / Samuel Littler   +44 020 7383 5100
 Stifel Nicolaus Europe Limited (Joint Broker)         www.stifelinstitutional.com (http://www.stifelinstitutional.com/)

 Callum Stewart / Ashton Clanfield                     +44 20 7710 7600
 Liberum Capital Limited (Joint Broker)                www.liberum.com (http://www.liberum.com/)

 Scott Mathieson / Cara Murphy                         +44 20 3100 2184
 Tamesis Partners LLP (Joint Broker)                   www.tamesispartners.com (http://www.tamesispartners.com/)

 Richard Greenfield                                    +44 20 3882 2868
 St Brides Partners Ltd (Financial PR & IR)            www.stbridespartners.co.uk (http://www.stbridespartners.co.uk/)

 Susie Geliher / Catherine Leftley                     +44 20 7236 1177

 

About Trident

 

Trident is a growth-focused diversified mining royalty and streaming company,
providing investors with exposure to a mix of base battery, precious, and bulk
metals.

 

Key highlights of Trident's strategy include:

 

·      Building upon a royalty and streaming portfolio which broadly
mirrors the commodity exposure of the global mining sector (excluding fossil
fuels) with a bias towards production or near-production assets,
differentiating Trident from the majority of peers which are exclusively, or
heavily weighted, to precious metals;

·      Acquiring royalties and streams in resource-friendly
jurisdictions worldwide, while most competitors have portfolios focused on
North and South America;

·      Targeting attractive small-to-mid size transactions which are
often ignored in a sector dominated by large players;

·      Active deal-sourcing which, in addition to writing new royalties
and streams, will focus on the acquisition of assets held by natural sellers
such as: closed-end funds, prospect generators, junior and mid-tier miners
holding royalties as non-core assets, and counterparties seeking to monetise
packages of royalties and streams which are otherwise undervalued by the
market;

·      Maintaining a low-overhead model which is capable of supporting a
larger scale business without a commensurate increase in operating costs; and

·      Leveraging the experience of management, the board of directors,
and Trident's adviser team, all of whom have deep industry connections and
strong transactional experience across multiple commodities and jurisdictions.

·      The acquisition and aggregation of individual royalties and
streams is expected to deliver strong returns for shareholders as assets are
acquired on terms reflective of single asset risk compared with the lower risk
profile of a diversified, larger scale portfolio. Further value is expected to
be delivered by the introduction of conservative levels of leverage through
debt. Once scale has been achieved, strong cash generation is expected to
support an attractive dividend policy, providing investors with a desirable
mix of inflation protection, growth and income.

 

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